For Lease
$20/SF/YR

400 People PlCharlottesville, VA 22911

Class A Retail, Land Lease/BTS Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4-acre, Class A commercial property, located at 400 People Place, offers a unique opportunity for build-to-suit or land lease development. The site is zoned NMD NEIGHBORHOOD MODEL DEVELOPMENT and boasts stunning views of Monticello and the Blue Ridge Mountains. The property includes a total of 50,000 square feet of potential building space, with a minimum divisible unit of 11,920 square feet and a maximum contiguous space of 51,231 square feet – currently entirely vacant. The site is part of Pantops Park, a two-phase development. Phase I, completed in 2008, houses Virginia National Bank. Phase II, where this opportunity resides, is designed to accommodate a variety of office, retail, and professional businesses within a four-story building. The development features a park-like plaza with walking paths and interconnected parking, providing 60 total parking spaces. This build-to-suit or land lease option presents a rare chance to establish a presence in a thriving, well-planned community with an attractive design and convenient amenities. The APN is 07800-00-00-01600.

Highlights

  • Retail, Land, and Special Purpose property with multiple tenancies.
  • 50,000 total square feet, with 51,231 square feet currently vacant, divisible into units as small as 11,920 square feet, and up to 51,231 contiguous square feet.
  • 4-acre lot, Class A construction, 4 stories, and 60 parking spaces.
  • Build-to-suit or land lease options available.
  • NMD (Neighborhood Model Development) zoning, APN 07800-00-00-01600.

Property Details for 400 People Pl

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
50,000 SF
Class
A
Stories
4

Unit(s) available at that property

Space
Land Lease or Build to suit
Size
51,231 SF
Rate per SF
$20

Location Insight

City
Charlottesville
County
Albemarle
State
Virginia
Latitude
38.0333881
Longitude
-78.4530987
400 People Pl, Charlottesville, Virginia

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Contacts

Robert Dittmar
Visit Broker Website

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400 People Pl, Charlottesville, Virginia, 22911

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

400 People Pl
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